Stocks on the Move: Alibaba Group Holding Ltd (NYSE:BABA), Chart Industries (NASDAQ:GTLS), Aeterna Zentaris (NASDAQ:AEZS), Cisco Systems (NASDAQ:CSCO)

Posted by on Oct 08, 2015

InterDigital, Inc. (NASDAQ:IDCC) shares moved up 1.30% in last trading session and ended the day at $51.61. Its has a return on assets of 6.60%. InterDigital, Inc. (NASDAQ:IDCC) quarterly performance is -5.86%.

InterDigital, Inc. (NASDAQ:IDCC) announced that the company has entered into a research and development agreement with the University of South Florida. The research and development agreement is primarily focused around 5G technologies, with the first statement of work to be entered into under the agreement relating to spectral efficient waveforms and MIMO techniques. The research will be led by Dr. Huseyin Arslan, Professor, Communications & Signal Processing Group, University of South Florida. Dr. Arslan’s research areas include advanced waveform design, MIMO, heterogeneous networks, and millimeter wave communications.

Alibaba Group Holding Ltd (NYSE:BABA) caters to the Services space. It has a net profit margin of 52.80% and weekly performance is 12.40%. On the last day of trading company shares ended up at $66.28. Alibaba Group Holding Ltd (NYSE:BABA) distance from 50-day simple moving average (SMA50) is -3.52%.

A San Mateo County Superior Court judge could review claims the e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA), violated federal laws by failing to warn eager investors of alleged illegal business practices. Often referenced as the Chinese version of eBay Inc., Alibaba Group Holding Company located its U.S. headquarters at 400 S. El Camino Real in San Mateo since beginning to trade on the New York Stock Exchange last year.A class action lawsuit was filed Monday alleging Alibaba, along with senior executives and dozens of American as well as international financial service companies, failed to adequately warn investors when the Chinese company released its initial public offering in September 2014 — the well-publicized stock that initially showed great promise raising $25 billion for the company before plummeting 50 percent nearly a year later.

On 07 October, Chart Industries Inc. (NASDAQ:GTLS) shares moved up 2.91% and was closed at $23.66. GTLS EPS growth in last 5 year was 4.80%. Chart Industries Inc. (NASDAQ:GTLS) year to date (YTD) performance is -30.82%.

Garfield Heights-based Chart Industries Inc. (NASDAQ:GTLS) has won a large contract to supply equipment to the liquefied natural gas industry.The company announced Tuesday morning, Sept. 22, that it has been awarded contracts in excess of $40 million to supply brazed aluminum heat exchangers, cold boxes and other equipment to Magnolia LNG, which is building a mid-scale LNG plant in Lake Charles, La. Magnolia is the Houston-based subsidiary of Australia’s Liquefied Natural Gas Limited. Its project, expected to cost about $3.5 billion to develop, is designed to have access to 1.4 billion cubic feet of natural gas, per day, from an existing pipeline. It will liquefy that gas so that it can be exported to other nations via ship.

Aeterna Zentaris Inc. (NASDAQ:AEZS) shares moved down -1.94% in last trading session and ended the day at $0.09. Its has a return on assets of -56.60%. Aeterna Zentaris Inc. (NASDAQ:AEZS) quarterly performance is -60.35%.

Aeterna Zentaris Inc. (NASDAQ:AEZS) announced that it has entered into definitive agreements with the holders (the “Consenting Holders”) of approximately 90% of its outstanding Series B Common Share Purchase Warrants (the “Series B Warrants”) that are intended to reduce the dilutive effect of the exercise of the Series B Warrants by establishing a cap on the number of shares issuable upon alternate net cashless exercise (“Net Cashless Exercise”) of the Series B Warrants until the close of business on November 17, 2015 and by limiting the number of shares that the Consenting Holders may sell until the close of business on October 9, 2015.

Cisco Systems, Inc. (NASDAQ:CSCO) shares advanced 1.14% in last trading session and ended the day at $27.54. CSCO Gross Margin is 60.40% and its has a return on assets of 8.40%. Cisco Systems, Inc. (NASDAQ:CSCO) quarterly performance is 3.17%.

Networking giant Cisco Systems, Inc. (NASDAQ:CSCO) continued a string of good news Wednesday when the company announced that it had thwarted a group of hackers who had been conducting several so-called “malvertising” or “ransomware” campaigns. Cisco said that it could locate and shut down a group of proxy servers using what is known as the Angler Exploit Kit. Hackers use the kit to gain access to personal computers and threaten to destroy critical files unless users pay a ransom of anywhere between $300 and $500 — or more.

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